Litecoin (LTC) Releases v0.18.1 Upgrade With Mining, Wallet and Documentation Advancements

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Thu, 06/11/2020 - 10:41
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Vladislav Sopov
Litecoin (LTC) network software progress is not only focused on MimbleWimble preparations. Version 0.18.1 has been delievered and developers are hinting at new builds
Litecoin (LTC) Releases v0.18.1 Upgrade With Mining, Wallet and Documentation Advancements
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Litecoin (LTC) network developers have published a new version of its core software, v.0.18.1. Its release candidate was announced on May 08, 2020, and underwent thorough testing.

Numerous updates

Today, on June 11th, 2020, Charlie Lee, the founder of Litecoin (LTC), celebrated the new release and mocked all non-believers who accused Litecoin (LTC) of showing very little development progress.

Litecoin (LTC) Core v.0.18.1 is up and running
Image via Twitter

The new upgrade covers every aspect of software performance required for Litecoin (LTC) network operations. The SegWit rule implementation is rescheduled in terms of mining. 

White List Force Relay is an unusual feature: now users can relay transactions from whitelisted peers, even when not accepted to the mempool. Litecoin (LTC) developers highlight they will be particularly interested in feedback on this function.

Documentation of Litecoin (LTC) software has been enriched with many major additions. BIP70 is finally disabled for some builders to prevent Litecoin (LTC) network interaction from vulnerabilities.

Keeping pace with Bitcoin (BTC)

Some other novelties closely resemble the upgrades for new versions of Bitcoin Core, i.e. BIP61 messages are now deprecated and will be deleted in future builds.

Also, numerous RPC commands have been upgraded to facilitate network performance and advance transaction logic.

Lastly, the instrument for the seamless creation of new wallet files has been implemented. This allows the creation of a new wallet file or the display of some basic information about an existing wallet without needing to use RPCs.

As covered by U.Today Crypto News, the most exciting release for Litecoin (LTC), i.e. the implementation of the MimbleWimble privacy protocol, may start testing in September, according to its lead developer.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

2,500,000 Ethers Locked in Ethereum 2.0 Deposit Contract as ETH Rejected From $1,250

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Fri, 01/15/2021 - 18:02
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Vladislav Sopov
Ethereum 2.0 enthusiasts deposited whopping sum in its contract launched six weeks ago
2,500,000 Ethers Locked in Ethereum 2.0 Deposit Contract as ETH Rejected From $1,250
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While crypto markets are trying to get out of the most painful correction in this bullish cycle, the Ethereum 2.0 deposit contract accomplishes another crucial milestone.

ETH2 deposit contract surpasses $3,000,000,000 level

According to leading Ethereum network observer Etherscan, the Ethereum 2.0 deposit contract (0x00000000219ab540356cBB839Cbe05303d7705Fa) allocated more than 2.5 million Ethers. New 32-ETH stakes are transferred to it every minute.

ETH2 deposit contract breaks above $3B
Image by Etherscan

As the correction of the Ethereum (ETH) price ended, ETH is changing hands at $1,225: the $1,250 level was too difficult for bulls to conquer. Meanwhile, even at press time, it is worth almost $40,000 to join the club of Ethereum 2.0 stakers.

Therefore, the USD-denominated value of assets locked in the contract surpassed $3 billion for the first time ever and keeps surging.

It should be noted that Ethereum 2.0’s deposit contract went live on Dec. 1, 2020, heralding the start of ETH2 Pase Zero or Beacon Chain, the inaugural stage of Ethereum 2.0.

Ethereum 2.0 “entry tickets” become really expensive

At press time, more than 52,267 addresses transferred money to the deposit contract.

Ironically, Black Thursday in Crypto (March 13, 2020) was the most convenient time to join Ethereum 2.0 staking with Ether at $95. Today, Ethereum (ETH) enthusiasts should pay 13 times more to have a minimum amount of Ethers required for staking.

Ethereum 2.0 is a proof of stake (PoS) iteration of the Ethereum (ETH) protocol. It replaces mining by staking and splits the whole Ethereum (ETH) network into several interconnected sub-chains (shards).

According to Staking Rewards analytical dashboard, annualized rewards for ETH staking are estimated between 10.4 and 10.6 percent.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)